2023 Form 5500 filing — Worldwide Oilfield Machine, Inc. 401(K) Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015115416NAL0014539475001) for Worldwide Oilfield Machine, Inc. 401(K) Plan, reported by Worldwide Oilfield Machine, Inc. under EIN 74-2108584 and plan number 001. It reports 409 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$17.8MReported net assets$17,848,864

Participants409

Provider compensation$85.9K2 Schedule C row(s)$85,889

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241015115416NAL0014539475001
Plan sponsor: Worldwide Oilfield Machine, Inc.
EIN: 74-2108584
Plan number: 001
Location: Houston, TX
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$17.8M total assets

Net assets$17.8MLiabilities$0

Money in vs. money out

Total income / additions$4.1M

Total expenses$1.1M

Benefits paid / distributions$988.3K

Contributions

Employer$478.9K

Participant$1.3M

Full reported line items

Total assets (EOY): $17,848,864
Total liabilities (EOY): $0
Net assets (EOY): $17,848,864
Employer contributions: $478,882
Participant contributions: $1,291,590
Total income / additions: $4,083,296
Benefits paid: $988,281
Administrative expenses: $88,135
Total expenses: $1,076,416
Net increase / (decrease): $3,006,880

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Creative Planning.$53.2K
ADVISOR · Direct $53.2K
2
Newport Group, Inc.$32.6K
RECORDKEEPER · Direct $32.6K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015115416NAL0014539475001 cover?: It is the 2023 Form 5500 filing for Worldwide Oilfield Machine, Inc. 401(K) Plan, reported by Worldwide Oilfield Machine, Inc. (EIN 74-2108584).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).